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Session 125 - (2023-2024)Printer Friendly
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S*0739 (Rat #0076, Act #0088 of 2023) Joint Resolution, By Setzler, Alexander, Peeler, Williams, Davis, Talley and Malloy
Summary: SC Housing Tax Credit
A JOINT RESOLUTION PROVIDING FOR A ONE-TIME AUTHORIZATION FOR USE OF CERTAIN REMAINING SOUTH CAROLINA HOUSING TAX CREDITS PROVIDED PURSUANT TO SECTION 1.B.1 OF ACT 202 OF 2022, CERTAIN REMAINING SOUTH CAROLINA HOUSING TAX CREDITS AUTHORIZED PURSUANT TO SECTION 12-6-3795 FOR THE TAX YEAR ENDING DECEMBER 31, 2023, CERTAIN FEDERAL LOW-INCOME HOUSING CREDITS, AND NOT EXCEEDING $25 MILLION IN ONE-TIME, NONRECURRING FUNDING FROM THE SOUTH CAROLINA HOUSING TRUST FUND ESTABLISHED PURSUANT TO ARTICLE 4 OF CHAPTER 13, TITLE 31 OF THE SOUTH CAROLINA CODE, ALL FOR THE LIMITED PURPOSE OF PROVIDING SUPPLEMENTAL FINANCIAL SUPPORT TO ADDRESS ESCALATIONS AND OTHER COSTS FOR CERTAIN MULTIFAMILY HOUSING DEVELOPMENTS. - RATIFIED TITLE
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Summary: SC Housing Tax Credit
A JOINT RESOLUTION PROVIDING FOR A ONE-TIME AUTHORIZATION FOR USE OF CERTAIN REMAINING SOUTH CAROLINA HOUSING TAX CREDITS PROVIDED PURSUANT TO SECTION 1.B.1 OF ACT 202 OF 2022, CERTAIN REMAINING SOUTH CAROLINA HOUSING TAX CREDITS AUTHORIZED PURSUANT TO SECTION 12-6-3795 FOR THE TAX YEAR ENDING DECEMBER 31, 2023, CERTAIN FEDERAL LOW-INCOME HOUSING CREDITS, AND NOT EXCEEDING $25 MILLION IN ONE-TIME, NONRECURRING FUNDING FROM THE SOUTH CAROLINA HOUSING TRUST FUND ESTABLISHED PURSUANT TO ARTICLE 4 OF CHAPTER 13, TITLE 31 OF THE SOUTH CAROLINA CODE, ALL FOR THE LIMITED PURPOSE OF PROVIDING SUPPLEMENTAL FINANCIAL SUPPORT TO ADDRESS ESCALATIONS AND OTHER COSTS FOR CERTAIN MULTIFAMILY HOUSING DEVELOPMENTS. - RATIFIED TITLE
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04/18/23 | Senate | Introduced and read first time (Senate Journal-page 4) |
04/18/23 | Senate | Referred to Committee on Finance (Senate Journal-page 4) |
04/26/23 | Senate | Committee report: Favorable with amendment Finance (Senate Journal-page 7) |
04/27/23 | Scrivener's error corrected | |
05/02/23 | Senate | Read second time (Senate Journal-page 24) |
05/03/23 | Senate | Committee Amendment Adopted (Senate Journal-page 21) |
05/03/23 | Senate | Read third time and sent to House (Senate Journal-page 21) |
05/04/23 | Senate | Roll call Ayes-43 Nays-0 (Senate Journal-page 21) |
05/04/23 | House | Introduced and read first time (House Journal-page 17) |
05/04/23 | House | Referred to Committee on Ways and Means (House Journal-page 17) |
05/09/23 | House | Committee report: Favorable Ways and Means (House Journal-page 3) |
05/10/23 | House | Read second time (House Journal-page 89) |
05/10/23 | House | Roll call Yeas-82 Nays-25 (House Journal-page 91) |
05/11/23 | House | Read third time and enrolled (House Journal-page 15) |
05/17/23 | Ratified R 76 | |
05/19/23 | Signed By Governor | |
05/26/23 | Effective date 05/19/23 | |
07/06/23 | Act No. 88 |